Walsin Lihwa Corporation (1605) AI Stock Analysis

Walsin Lihwa Corporation

(TWSE:1605)

Select Model

Rating:46Neutral

Price Target:TWD 31.00▼(-8.96% Downside)

Action:initiatedcoverage

Date:11/10/26

Low score driven primarily by weak financial performance from declining profitability and cash flow challenges, reinforced by bearish technical indicators; fair valuation offers limited offset.

Positive Factors

Manageable LeverageDebt remains manageable for a capital-intensive, steel-linked business and has improved from the prior year. This gives Walsin Lihwa a stronger financial base to withstand operating volatility, preserve access to funding, and support investment over the next several quarters.

Negative Factors

Negative Free Cash FlowPersistent negative free cash flow indicates that investment needs or working-capital demands continue to absorb internally generated funds. This constrains financial flexibility, can increase reliance on external financing, and limits the company’s ability to fund growth or distributions.

Walsin Lihwa Corporation (1605) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 150.00B
Dividend Yield: 1.47%
Average Volume (3M): 23.91M
Price to Earnings (P/E): 7.0
Beta (1Y): 1.25
Revenue Growth: -0.13%
EPS Growth: 1219.70%
Country: TW
Employees: 9,691
Sector: General
Sector Strength: 55
Industry: Steel

Walsin Lihwa Corporation Business Overview & Revenue Model

Company Description

Established in 1966 and headquartered in Taipei, Taiwan, Walsin Lihwa Corporation is a global manufacturer and supplier of a diverse range of industrial materials and services. The company's core operations span the production and sale of copper-base...

Walsin Lihwa Corporation Financial Statement Overview

Summary

Low income statement and cash flow scores reflect declining revenues, margin compression, and volatile negative free cash flow in recent years, partially offset by a stable balance sheet with moderate leverage.

Income Statement

38Negative

Balance Sheet

62Positive

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	173.69B	174.24B	179.32B	189.84B	180.40B	156.66B
Gross Profit	10.37B	11.09B	11.68B	14.44B	17.35B	19.81B
EBITDA	7.76B	12.66B	13.71B	17.68B	25.07B	22.37B
Net Income	14.60B	3.18B	2.79B	5.13B	19.35B	14.64B
Balance Sheet
Total Assets	350.39B	303.42B	273.49B	266.37B	252.52B	183.03B
Cash, Cash Equivalents and Short-Term Investments	18.02B	13.16B	11.03B	18.65B	19.95B	10.93B
Total Debt	89.86B	85.50B	81.60B	64.36B	71.54B	50.78B
Total Liabilities	135.93B	127.32B	126.08B	111.92B	122.70B	75.09B
Stockholders Equity	204.39B	165.85B	137.26B	140.81B	123.58B	105.88B
Cash Flow
Free Cash Flow	-8.12B	-6.44B	-8.97B	6.20B	-2.02B	-5.33B
Operating Cash Flow	946.49M	5.38B	1.50B	22.75B	13.90B	1.32B
Investing Cash Flow	-3.59B	-11.06B	-15.43B	-21.50B	-26.35B	-985.97M
Financing Cash Flow	1.66B	8.63B	6.19B	-3.96B	20.32B	-2.28B

Walsin Lihwa Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1605 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1513	69Neutral	TWD 72.38B	17.04	―	3.96%	3.84%	22.26%
TW:1519	67Neutral	TWD 171.13B	33.95	―	2.13%	3.47%	18.78%
TW:1503	65Neutral	TWD 88.83B	23.93	―	2.88%	8.33%	16.27%
TW:2027	61Neutral	TWD 121.82B	10.24	―	2.99%	24.28%	173.07%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:7610	54Neutral	TWD 77.55B	41.02	―	0.03%	―	―
TW:1605	46Neutral	TWD 149.34B	7.01	―	1.47%	-0.13%	1219.70%

* General Sector Average

Performance Comparison

TW:1605 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1605	Walsin Lihwa Corporation	34.05	1.72	5.33%
TW:1503	Shihlin Electric & Engineering Corp.	173.50	7.52	4.53%
TW:1513	Chung-Hsin Electric & Machinery Manufacturing Corp.	151.50	10.61	7.53%
TW:1519	Fortune Electric Co., Ltd.	516.00	-130.24	-20.15%
TW:2027	TA Chen Stainless Pipe Co., Ltd.	50.10	12.97	34.92%
TW:7610	LIANYOU METALS CO.,LTD.	1330.00	1245.02	1465.09%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 09, 2026

Walsin Lihwa Corporation AI Stock Analysis